Baker 1031 · Data
Full-cycle investment data
Overall historical offering results, sponsor summaries and source methods, compiled by Baker 1031 for educational analysis.
Manually compiled and unaudited. Metrics use higher source endpoints. Review the current PPM and data limitations.
| Measure | Value |
|---|---|
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |
Reported figures and comparison treatment
Reported AAR
| Annual return | 48.50% | Included |
|---|---|---|
| Hold period (years) | 7.67 | Included |
| Equity multiple | Unavailable | No usable value available |
| Outcome | Break-even or better | Included |
Definitions and timing
| Field | Value |
|---|---|
| Annual-return method | Reported AAR |
| Reported IRR, kept separate | 22.70% |
| Source start date | 2011-09 |
| Source end date | 2019-05 |
| Offering structure | DST / TIC property program |
Source-reported annual return. Original definition, fee basis and valuation treatment are retained; no IRR or equity multiple is inferred from this rate.
Existing reviewed hold; Calendar-month difference of program-table dates /12; source property-table reported months retained separately.
Source references
Bluerock - BR HPE Zero Coupon, DST - PPM.pdf
PDF viewer page 98
DST IRR and AAR net of all property-level and program-level fees/expenses. AAR=sum of total return over given years / number of years. Acquisition is fully-loaded program price; sale price is gross before closing/disposition fees.
Indicative inference from the sign of reported full-cycle IRR, assuming conventional investment cash flows. No multiple is estimated. Source gross/net basis applies.
Original source notes
^ program-level fee-inclusive IRR. Property-history table reports different acquisition/sale months: 2011-09 / 2019-04. Program-table dates retained; source hold may differ.
Additional source metrics
| Purchase cost USD | 18250000 | USD |
|---|---|---|
| Equity invested USD | 8670000 | USD |
| Total gross return USD | 31380000 | USD |
| Acquisition price USD | 18254359 | USD |
| Gross sale price USD | 39580000 | USD |
Footnotes
Source-reported annual return
The annual return is reported by the source. Source AAR definitions, fees and periods can differ, so direct comparison may be unreliable. Consult the investment’s source definition and current PPM.
Outcome inferred from a return sign
The nominal break-even outcome is inferred from the sign of a reported lifetime return or IRR, assuming conventional cash flows. This is a qualified inference rather than a cash-confirmed multiple.
Data limitations and educational use
This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.
Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.
Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.
For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.
Compilation rights and source methods · Current offering statistics
Proprietary compilation
Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.